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(IGPL) Ig Petrochemicals complete technical analysis [charts+indicators] | Buy/Sell Ig Petrochemicals | (IGPL) share price targets

Complete technical analysis of Ig Petrochemicals (IGPL) by charts plus indicators, forecast predictions and share price targets for Ig Petrochemicals (IGPL)

Ig Petrochemicals trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-07-25 View latest technical analysis

10 day averaged volume of Ig Petrochemicals is 60114

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	636.65	624.00	657.40	615.00	2.313 times
24 Wed Jul 2024	627.00	596.00	633.50	596.00	1.852 times
23 Tue Jul 2024	595.10	605.00	607.85	576.00	0.646 times
22 Mon Jul 2024	606.05	585.00	619.70	577.00	1.118 times
19 Fri Jul 2024	585.85	593.40	600.60	580.00	1.294 times
18 Thu Jul 2024	593.40	612.40	612.40	582.00	0.972 times
16 Tue Jul 2024	609.40	602.15	615.00	601.15	0.855 times
15 Mon Jul 2024	602.20	610.05	610.10	593.85	0.57 times
12 Fri Jul 2024	605.00	610.15	619.90	598.00	0.928 times
11 Thu Jul 2024	607.10	603.30	612.45	601.50	0.563 times

Stock of Ig Petrochemicals (IGPL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 627.9, but if it comes below 627.9, then a intra day sell could be more profitable.
If you take a sell trade below 627.9, then use 627.9 as stoploss and 612.77 as target. However if you take a buy trade in stock , then use 627.9 as stoploss and 646.1 as target.

Share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Target	402.50
Downside Target	432.95
Downside Target	470.05
Downside Target	553.00
Downside Target	576.00
Downside Target	615.00
Downside Target	626.00
Upside Target	637.15
Upside Target	657.40
Upside Target	658.90

Intraday share price targets for Ig Petrochemicals (IGPL)

Target Type	Value
Downside Intraday Target	589.3
Downside Intraday Target	541.95
Upside Intraday Target	670.7
Upside Intraday Target	704.75
Downside Intraday Target	623.35

Weekly technical analysis of Ig Petrochemicals (IGPL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	636.65	585.00	657.40	576.00	1.606 times
19 Fri Jul 2024	585.85	610.05	615.00	580.00	0.842 times
12 Fri Jul 2024	605.00	637.15	637.15	590.00	0.379 times
05 Fri Jul 2024	627.75	606.60	658.90	591.65	1.225 times
28 Fri Jun 2024	603.55	608.00	626.00	581.55	0.364 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ig Petrochemicals (IGPL)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	636.65	606.60	658.90	576.00	0.55 times
28 Fri Jun 2024	603.55	499.00	626.00	437.70	2.097 times
31 Fri May 2024	487.80	548.85	553.00	470.05	0.712 times
30 Tue Apr 2024	541.55	432.95	555.00	432.95	1.789 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ig Petrochemicals (IGPL)

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ig Petrochemicals ( (IGPL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ig Petrochemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Ig Petrochemicals in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ig Petrochemicals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ig Petrochemicals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ig Petrochemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 611.84 and Ig Petrochemicals (IGPL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ig Petrochemicals (IGPL) stock. Volume based technical analysis of Ig Petrochemicals (IGPL) stock is negative.

Ig Petrochemicals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.